Home Values

Bitter Lake Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$381,300

  • 10.6% 1-year change
  • 6.6% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Warm

Buyers' Market
Sellers' Market

The median home value in Bitter Lake is $381,300. Bitter Lake home values have gone up 10.6% over the past year and Zillow predicts they will rise 6.6% within the next year. The median list price per square foot in Bitter Lake is None. The median rent price in Bitter Lake is $1,395, which is lower than the Seattle median of $1,795.

Foreclosures will be a factor impacting home values in the next several years. In Bitter Lake 9.4 homes are foreclosed (per 10,000). This is greater than the Seattle value of 2.1 and also greater than the national value of 3.9

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Relative ZHVI
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Bitter Lake Market Overview

Data through Apr 30, 2015
  • $381,300 ZHVI
  • 6.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Bitter Lake Market Health

Data through Apr 30, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

9.4 homes Bitter Lake
2.1 homes Seattle
3.9 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Olympic Manor $660,600
Blue Ridge $629,900
Broadview $500,200
Name Median ZHVI
Greenwood $406,700
Crown Hill $402,500
North College Park $380,800
Name Median ZHVI
Pinehurst $364,400
Haller Lake $353,100
Northgate $223,300

Listings & Sales

  • No data
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Bitter Lake Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,882 Bitter Lake
    $2,258 Seattle
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,395 Rent list price
  • $1.72 Rent list price / sq ft
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